Why Shale Oil is not the Game Changer we Have Been Led to Believe - Part 2
…continued
from part 1Where We Are, in Three Simple ChartsOne narrative that is
being heavily marketed right now is that the shale plays are true
game-changers and there's really nothing to worry about for the
foreseeable future. Heck, the story says that the U.S. will soon exceed
Saudi Arabia in oil production and become energy independent, that it
has so much natural gas that it might as well build export terminals,
and that there's 100 years of natural gas just waiting to be
used.Unfortunately, none of this is really true. …Read more...http://oilprice.com/Energy/Crude-Oil/Why-Shale-Oil-is-not-the-Game-Changer-we-Have-Been-Led-to-Believe-Part-2.html
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